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Colfax, IN
Full City Profile · Indiana · Clinton County County
Colfax, IN
At a Glance
How Colfax Compares to the U.S. Average
Each bar shows Colfax's value as a percentage of the national average (100% = U.S. avg)
Is Colfax a Good Place to Live?
Economy & Jobs
Colfax residents earn a median household income of $61,964 , which is 18% below the national average of $75,149. Per capita income is $28,968. The unemployment rate stands at 2.1% (42% below the U.S. rate of 3.6%). 3.7% of residents live below the poverty line. The area is home to 634 business establishments, including 54 restaurants.
Housing & Cost of Living
The median home value in Colfax is $114,300 , 59% below the national median of $281,900. Zillow estimates the typical home at $218,454. Median rent is $908/month, with 41.9% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1952.
Safety & Crime
Colfax reports 123 violent crimes per 100,000 residents , which is 68% below the national average of 380/100K. Property crime is 5,066/100K.
Education
5.9% of adults in Colfax hold a bachelor's degree or higher (82% below the national average). 93.5% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Colfax has an average annual temperature of 52°F (11°C). Winters average 26°F in January while summers reach 74°F in July. The area gets 275 sunny days per year. Annual precipitation totals 43.3 inches. Air quality is rated Good with a median AQI of 41.